The bank for international payments, also known as the bank of central banks BIS, is the most powerful financial institution on the planet, however, it is totally unknown to the vast majority of the population.
The BIS is the oldest international banking operator in the world, it is a low-profile organization, which avoids all publicity and notoriety, created in 1930 with the aim of managing the reparations payments imposed on Germany after the First World War.
The BIS is the culmination of the long-standing dream of central bankers to have their own bank, powerful, independent and free from the interference of politicians and annoying journalists, self-financing in perpetuity and its clients its own founders and shareholders, the central banks themselves.
Let's mention some of the unique eccentricities of this bank of the mighty.
- Its headquarters is located in Basel, Switzerland, but not even the authorities of that country have access to its facilities, since they are protected under an agreement similar to that of diplomatic embassies or the United Nations, to give an example.
- The BIS building has an emergency medical unit within its own building so that no unauthorized individual can access it.
- Secrecy, discretion and its universality are the fundamental values of the Bis, according to its statutes and the agreements signed with the Swiss state, the properties and funds of the BIS cannot be subject to expropriation, requisition, seizure, confiscation, prohibition or restriction by part of any government, neither in times of war, nor in times of peace.
- Diplomatic immunity is also established for its employees.
- Exemption from paying taxes on all transactions, including diplomatic unit salaries for all buildings or offices operated by the BIS.
- Total immunity and exemption from supervision or knowledge of the operations by any government authority.
- Freedom from any migratory restriction for its employees.
- Freedom and immunity from any legal jurisdiction.
As you can see, the elite defends individual freedom for themselves, but this is not the case for the rest of the world like us; authoritarianism and total control.
The title of central bank of central banks comes from the fact that accounts cannot be opened for individuals or commercial organizations, only central banks are clients of the BIS, for which it acts as coordinator and clearer of payments and deposits of approximately 75% of the world economy.
Despite having only 140 clients and two branches, the headquarters in Swiss Basel and the branches are in Mexico and Hong Kong, its economic strength is enviable and its sphere of influence, as you can imagine, very powerful, in addition to facilitating personal contact between highest leaders of the world's high financial circles.
